We’re still dealing with the 2008 crisis and most economists would agree with me here so yeah.UNI88 wrote: ↑Wed Apr 06, 2022 7:43 amYou think the 2008 recession was an existential financial crisis? You poor, sheltered little thing.kalm wrote: ↑Wed Apr 06, 2022 6:54 am
1) Downturns sure. Existential financial crises are a different thing.
2). Higher taxes enabled us to rebuild Europe, build interstates, go to the moon, and educate a generation of GI’s all at the same time without massively going into debt. We were productive, and innovative, and those dollars spent on education were more than paid back by personal income taxes alone (a few thousand spent on a GI was paid back in the 10’s of thousands)
3). Broken record. You know I’m not advocating for the means of production. Just sensible mixed market economics that’s already proven to be a success.
4). Were number 19!
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So what do you think is the ideal federal tax rate for the highest earners? You despise Reagan, do you want to go back to 70%?
Tax rates are a whole other LONG debate. I’d start with simplifying and eliminating fraud…both corporate and personal But the elites would never allow that. I’m also not opposed to spending cuts.